Big Lots opening buying offices in Asia to lower operations costs

Shares of Big Lots (NYSE:BIG) are trading higher on Monday as the company’s plan to open international buying offices in China and Vietnam will contribute to lower operational costs.

The new buying offices will be located in Ho Chi Minh City, Vietnam, and Shanghai, China and will bring its Big Lots Asia sourcing team in-house and place the company’s buyers closer to vendors in Asia.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.